The URL can be used to link to this page

Home My WebLink About0100 e y , . . ~~i/~~ / • BUILDIN6 "D" THIS MORT(3A(3S DEED, m.ae .~a e:~~c.a ene 23rd~y ot February 19 78 b~ Chester S. Grinm and Mary Cunningham of 4710 NE 22nd Ave., Pompano Beach, FL. 33064 b~niaaft~ esUsd tM Mott~aot. whkh term ~haU include tM heits. kgai repre~eatatives. ~ue~caNOrs ~nd wl~ew of tM ~aid Mortaa~or whereve~ tbe conte:t so requires or admies. to TURTLB 1tEBF A330CIATE3, INC., P.O. ~ 618. Jease~ $eacA, FL 3~457 t~nip~fter talkd' ths Mort~gee, whkh tarm slull inelude tl~e succ~ors aad arsi~n~ ot tJ~ said Mott~~es wl~erover ths cpnte:t so requjrss or ~draits. WITNE33ETH: 71~t tor devers qood and valusbk eoasideration.+, end sleo in oonsid~ntipn ot the ~~reaats inm u~med io the promissory note ot even date herewitA hereinafter dexribed, tl~e said Mort~a~o~ dos~ iwnby , ~rant. busain. ssll. alkn. remise. releass. convey and confirm unto the said I1~oKa~es. his heirs. s~ooes~ots and ~ a~d~ns, a11 the tertain pieee.... parcel.... or tr~et.... ot land, ot which the s~Id Mottga~or b uow ~ed aad possss~sd and inaetud posseesion, situate in the County ot 3t. Lucie end State ot Florid~, desaibed u M11ow~ ~ 0.0769 A % undivided interest in fee simple absolute as tenant in connanS in t e cer a n real property described in the Master Form Deed of Turtle Reef Condominiums 1, recorded in Official Record Book 263, Page 2002, subject to ~ ~ divestment as set forth in said Master Form Deed and upon 'such divestment an ~ ~ ~ interval ownership consisting of Unit Weeks 20 and 21 in Condominium D-10 , ~ ~ consisting of Apartment Number D-10 , and its undivided share of the ~ ~ ` comnon elements of Turtle Reef Condominiums 1, as such is described in said. ~ ~ Master Form Deed. This is a purchase rtroney mortgage. between the rtie~ to thi~ mortRa that, in additan to the terma and conditioo~ NC ~ lt is turther ~greed pe 8~ ont 6etbin, i[ a conveyance should be m~de by the Mortg~gor of thr premises h~ein described, or any p~rt ~ F t6ereot, wit6out firet obtaining both the written consent ot the Iwlder Aereot, aad an assumption of t6i~ ~ obligation, en writina, by the ne~w ptopoeed Grantee, tAen. and in that event, at the optioa of tbs hoWer ber+wf. V= witl~t notice. dl aums ot moeey eecured hereby sha4 immed'utely and concurrently w[tb such oonveyanee, beeam~ ~ ' dne ~nd p~yabM ~nd aaid Note and Mortgage shall be in def~ult. ` ~ TO HAVE AND TO HOLD the same, together ~vith ell and aingular the teneenents, hereditatn~ts and ~p ~ ~ p~rtsnanos~ tAerreunto bebnging or in snvwi~e •ppertaining ~nd the rever,ion and reversions. remaindar and rs e maindees. rents. issue~ and protite therc~ and aleo ~U the estate. right, title. intere~t. ProP~Y. P~• ~ ~-1 demand whatsoev~ ~s wetl in Iaw bL ~u ~;uity ot the aaid Mortga~r in and to t6e satne and every p~rt ~nd pared tbereof unto the said Mortgagee, snd }us heirs, euccessors and •ssi ,~-r~~, in tee sunpk. And said Mortg~Ror. for hicnseli. and his heira, kgal representatives. ~ucce~sore and ~ssiges, hereb~ oonves~nta witA s~id Mortgagee. hie heirs. legd reprexntativee, auceesaora and a~aign~, that said Mott~aor is iadeteasi"bty Mised ot said land in tee aimpk: that the s~id Mortgagor h~a [uU power and lawtul rig6t to oonvey t6e s~me in tes dmpls aa doresaid: that it ahaU be lawfiil tor aaid Mortgagee. his heira. 1ega1 repr~ent~tives. snctessors and a~si~u. ~t ~II tia~es pe~ceably and quietly to enter upon, hold, occupy and enjoy eaid land and avery part t6ereof: that said land is free from aU incumbrance~: thal said Mortgagor. his heirs. kqal representatives, s~oosssors and assignt, will ~Jce eueh f~rther as~urence~ to perfect the fee ~siQ?pk titk to said land in wid Mrot~ee, his bsirs, legal reprexnt~tive~, succeseors ~nd ss~igna. sa ~ruy reasonably be required: snd tlut said Mortpgar ~ does Aereby fnlly warrant the tifle to aaid lend end every part the:eof end will defend the same against the ~ lawfiil elaims ot aU peraons w~hom~oever ~ It is underatood ihat each of the words. "note". "mortg~gor" and "mortgagee" reepect~velY and cl~e prooount ~ referring ihereto. whether in the singuler or plural anywhere in thia ma~tgage. ~hail be s~n6ular it one only ~nd ~ ahall be plural jointly and xverally, if more than one. snd shall be masculine, teminine and/ar aeuter. ~ s tbe oont~t so impliea or sdmit~. ~ ~ And said Matgaaar tor himxlf •nd his heirs, kg~l representatives, euoceesors and assigns, hereby covenants ~nd agreer to and witA said MortgaRee. his legal reprcsentativea. aucce~sors and aseigne: • 1. To pay al) ~nd sinRuler the principel and interest and ihe varioua and sundry eume ot money pey~ble by virtue of said promissory note, and tAis mortga(Se. each and every, promptly on the dsya respectively the sams eeverelly become due. ~ 2. To p~y aU and singuler the tuee. seseaement~. lev:ee, liabilities. obligationa ~ad incumbnnces of rvery nature and kind no~v on spid dexribed property, and~'or that hereafter msy be imposed. suftered, placed, isvied or •ssessed thereupon, end!or that hereafter mey be kvied or aeseesed upon this mortg~ge and/or the indebtedne~s seeured hereby. each and every. ~vhen due and psyabk according to law, betore tl~ey become delinquea~ ~nd ~ betore any intereet attachea or any penatty is incurred: ~nd in so fer ae any thereof is of rooord tl~e w~ ~h~11 be promptly satisfied snd dixharged of reoord snd the original ofRci~l dacument Isuch as, tor initanoe, tbe t,~s ~ rsaipt or the satiafaction p~per officially endorsed or certifiedl shall be pl~ced in the hands ot ~afd Mo~taage~ within ten days ne:t after p~yment: snd in the event that any thareot is aM so paid. satisfisd ~nd diocl~rsed. ~ pfd Mortgagee may ~t any time pay the eame or ~ny p~rt thereoi withoul wdving or affectins any aQtion. ~ lim~, equity or right under or by virtue of thi~ mortgage. and the tull amount of eech and every soch p~yment s6at1 x bs immediately due ~ad pay~bk and ehall be~r interest from the dace th~eof until paid ~t the nte of tes pe~ ~ eenturn per ~nnum and together w~ith euch intereet ehall be secored by the lien of this mortgage. ~ ' ~ 3. To pl~ce and continuoualy Iceep on the buildinge now or hereaher situate on aaid land tue ~nd ~rind~torm ~ iaiur~nce in th~ usual atandard policy torm, in ~ eum not less than the ~mount dne hereoa, in euch oomp~nY ~ ~ or oomp~niss ~s may be approved by said Mortg~qee: aad dl such insurance policies on any ot sald buildings, any ~ ~ intetest therein or part thereof, in the eggregete sum •toresaid or in e:osss thereof, shaU oontain tM aawl standard mortaa~so clause m~king the los~ under said policies. e~ch and every. p~y~bk to said Mortgagss d hi~ as inters~t u~y ~ppe~r. aad e~ch aad every a~ch polky shaU be promptty deUveted to and held by ~aid Mortp~c and, not less than ten days in adv~nee o[ che s~intan ot e~ch polky. to d~v~r w uid Mat~s~w ~ e~e~w~1 ~ tMrrot. tosetl~er with a~oeipt for the premium of such rsnewd: ~nd thw~s ~ull b~ no sueh huunno~ pbad ~ on anr oi said building~. ~ny interest therein or put thereof. unk~s in t6~ torm- ud with eM ba p~ribis as ~ Jore~aid: ~nd in the evsnt ~ny eum oi money becomes p~yabk under snch policy? or Policisa ~nd nid Martsa~ ~ ¢ `1 ~ ~ ~ 9..i!! V~~ ~ ~~t- ~oo